Business And Markets

Large-Cap Stocks Lead

Large-Cap Stocks Lead
Large-Cap Stocks Lead

Shares in Tehran closed trading week Wednesday with large-cap companies rallying in the absence of significant demand for small stocks.
The market-cap weighted benchmark of Tehran Stock Exchange, TEDPIX, gained 28,413 points for the day, soaring more than 2% to end trading session at 1,419,439 points.
This is while sell-off in many micro-cap shares caused the equal-weighted index to hardly gain 0.36%. The index gives the same weight to all shares irrespective of their market cap.


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